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And I think this importantly reflects
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The Spider's Web: Britain's Second Empire

And I think this importantly reflects the constructive approach thatthe Cayman Islands has...

And I think this importantly reflects the constructive approach that
the Cayman Islands has taken in delivering our shared objective of rooting out tax evasion

Full Transcript

00:00:01.000 --> 00:00:03.794
And I think this importantly reflects
00:00:03.794 --> 00:00:07.278
the constructive approach that the Cayman Islands has taken
00:00:07.278 --> 00:00:09.827
in delivering our shared objective
00:00:09.827 --> 00:00:12.077
of rooting out tax evasion.
Duration
13 seconds
Views
15
Timestamp in Movie
00:19:41
Uploaded
Oct 30, 2025
Genres
documentary
Production
N/A

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Movie Summary

How Britain transformed from an imperial power to a financial power.
- The trust lies at the core of the British secrecy model. - The Spider's Web: Britain's Second Empire 00:05
- The trust lies at the core of the British secrecy model.
The British, of course, are only too willing - The Spider's Web: Britain's Second Empire 00:08
The British, of course, are only too willing
- [Narrator] Trusts are the basic building block - The Spider's Web: Britain's Second Empire 00:11
- [Narrator] Trusts are the basic building block
Every secrecy jurisdiction offers a specific set - The Spider's Web: Britain's Second Empire 00:11
Every secrecy jurisdiction offers a specific set
The combination of these services - The Spider's Web: Britain's Second Empire 00:14
The combination of these services
- An offshore structure will often have a trust kind - The Spider's Web: Britain's Second Empire 00:07
- An offshore structure will often have a trust kind
The trust will be here, managing the assets, - The Spider's Web: Britain's Second Empire 00:06
The trust will be here, managing the assets,
Underneath it, the trust will own some shell companies. - The Spider's Web: Britain's Second Empire 00:06
Underneath it, the trust will own some shell companies.
These trustees are somewhere else, - The Spider's Web: Britain's Second Empire 00:10
These trustees are somewhere else,
Each of these companies might then own assets. - The Spider's Web: Britain's Second Empire 00:05
Each of these companies might then own assets.
So they might own a bank account, a racehorse, a yacht, - The Spider's Web: Britain's Second Empire 00:11
So they might own a bank account, a racehorse, a yacht,
- [Narrator] There are numerous variations of trusts - The Spider's Web: Britain's Second Empire 00:07
- [Narrator] There are numerous variations of trusts
There are offshore lawyers whose work entails the creation - The Spider's Web: Britain's Second Empire 00:09
There are offshore lawyers whose work entails the creation
The aim of these structures is to hide the identity - The Spider's Web: Britain's Second Empire 00:12
The aim of these structures is to hide the identity
- Looking on the amount - The Spider's Web: Britain's Second Empire 00:14
- Looking on the amount
And all the talking we have been doing, - The Spider's Web: Britain's Second Empire 00:11
And all the talking we have been doing,
It is the world where you say, "Go on talking - The Spider's Web: Britain's Second Empire 00:06
It is the world where you say, "Go on talking
"You're interesting me." - The Spider's Web: Britain's Second Empire 00:06
"You're interesting me."
We know everything today, - The Spider's Web: Britain's Second Empire 00:05
We know everything today,
We have seen it, and we are not able to act upon it. - The Spider's Web: Britain's Second Empire 00:06
We have seen it, and we are not able to act upon it.